中国电池及材料：1 月生产计划展望-China Battery & Materials_ January production plan outlook

Asia Pacific Equity Research 07 January 2026 This material is neither intended to be distributed to Mainland China investors nor to provide securities investment consultancy services within the territory of Mainland China. This material or any portion hereof may not be reprinted, sold or redistributed without the written consent of J.P. Morgan. China Battery & Materials January production plan outlook The Chinese battery value chain has seen a 9-20% pullback from its recent peak on 13-Nov (CSI300 -3%), whic ...